Letters of Guarantee – Get the best competitive rates

Whether you are an importer/exporter or a businessman in any commercial field.

ahli bank offers you key services that will assist you in guaranteeing the fulfillment of financial obligations specified in your business deals.

Feature

We offer a range of Letters of Guarantee corresponding to your different needs at competitive issuance fees with speedy processing.

We also offer advisory on the written content of the Letters of Guarantee preserving your rights.

Letters of Guarantee Explained

This is a written commitment issued by the Bank upon request of the applicant (the customer who has entered a contract) to the beneficiary (the second party) guaranteeing the fulfillment of specific financial obligations.

According to the contract made between the applicant and the beneficiary.

The Letter of Guarantee must clarify the amount in addition to the validity period of the guarantee.

Uses of Letters of Guarantee

If the nature of your business requires you to give Letters of Guarantee to a third party, such as entering a bid, you will need to get a guaranteed bond.

Letters of Guarantee Offered by ahli bank

ahli bank issues different kinds of Letters of Guarantee according to your needs.

Including Tender Guarantee, Performance Guarantee, also Advance Payment Guarantee, as well as Maintenance Guarantee, and more.